Colorado Statutes
§ 10-3-205 — Manner of paying surplus
Every policyholder on all participating
policies issued shall be permitted at the time the first dividend is declared to select
from among the options set forth in the policy the manner and method of the
payment of the surplus to be annually apportioned to his policy.
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Legislative History
Source: L. 13: p. 353, � 49. C.L. � 2522. CSA: C. 87, � 63. CRS 53: � 72-3-10. C.R.S. 1963: � 72-3-10.
Nearby Sections
15
§ 10-1-101
Legislative declaration§ 10-1-102
Definitions§ 10-1-105
Actuary§ 10-1-107
Personal fees prohibited§ 10-1-109
Rules of commissioner§ 10-1-111
Invoking aid of courts§ 10-1-113
No seal required on policies§ 10-1-114
Sale of premium notes prohibited§ 10-1-115
Penalty§ 10-1-116
Defamation of other companies - penalty§ 10-1-117
Company unauthorized in other states